(Trondheim, 11 March 2024) OKEA ASA (OSE: OKEA): BCPR Pte. Ltd (a closely
related party to Chaiwat Kovavisarach, chairman of the board of directors in
OKEA), has today purchased a total of 15,000 shares at an average price of NOK
25.2987 per share. Following the purchase, BCPR Pte. Ltd holds 47,277,377 shares
in OKEA.

Copy of notification is attached hereto.

This information is subject to the disclosure requirements pursuant to
Regulation EU 596/2014 (MAR) article 19 and section 5-12 of the Norwegian
Securities Trading Act.

For further information, please contact:

VP IR & Communication, Anca Jalba anca.jalba@okea.no +47 41 08 79 88

About OKEA

OKEA ASA is a leading mid-to-late-life operator on the Norwegian continental
shelf (NCS). OKEA finds value where others divest and has an ambitious strategy
built on growth, value creation and capital discipline.

OKEA is listed on the Oslo Stock Exchange (OSE: OKEA).

More information is available at www.okea.no

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